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Non-Tech : Kirk's Market Thoughts
COHR 178.34-10.2%Dec 12 9:30 AM EST
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To: y2kate who wrote (26767)12/13/2025 8:57:27 PM
From: Kirk ©1 Recommendation

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No windsurfing this time of year, very little wind unless a big, wet storm. Also, so cold that it is not fun. 35 years ago... I'd go sail the storms but I don't need to prove anything anymore and I enjoy watching football or whatever inside a warm house.

I too would like to see another 10% but there is a strong seasonal pattern to counter this. I think the big opportunity will be in January when those of us with still far too much in taxable accounts with HUUUUUGE long-term tech gains will look to take some more profits. In 2000 that gave a nice, small dip before the final run to the March blowoff top.

Remember MSFT peaked in 2009, had an early selloff I mention, made a higher low then the bottom fell out. This year I think the stock to watch is Nvidia to see if it can make a new high. One could probably say it is right at a neckline that if broken could take it to 150 minimum... if that happens in days then it rallies hard above the neckline, then we're probably good to go for 2026.

I just read California lost jobs the past few months. An editorial in the same paper said the high energy prices we pay in California are the costs of the "cap-and-trade" fees being passed on to consumers. The money was "supposed" to go to reducing carbon emissions such as helping people buy EVs and paying for the HSR stupid train nobody I know will use.... but they proved the GOP right that it is now being used as just another source of revenue to fund our 80% Democratic controlled spending. All this time Gov. Stupid (Slick Newsom) says he wants to lower the high cost of living here yet he continues to raise energy prices to fund social programs...

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